$AVAX Five touches holding 7.57. One touch capping at 7.59. LONG setup, not live yet.
entry: 7.56 - 7.64
sl: 7.54
tp: 7.77 - 7.83 - 7.9
insight:
- Price sits in a range, pulling back into a support that has already absorbed five tests near 7.57, while resistance above is thin with a single touch. RSI at 27.7 is oversold, but momentum alone doesn't defend a level. What matters is whether buyers step in here again. Losing 7.57 would weaken the range-reversal case.
⚠️ These are my personal market insights, not investment advice. Manage your own risk and DYOR.
Tracking $ARB for the next move.
entry: 7.56 - 7.64
sl: 7.54
tp: 7.77 - 7.83 - 7.9
insight:
- Price sits in a range, pulling back into a support that has already absorbed five tests near 7.57, while resistance above is thin with a single touch. RSI at 27.7 is oversold, but momentum alone doesn't defend a level. What matters is whether buyers step in here again. Losing 7.57 would weaken the range-reversal case.
⚠️ These are my personal market insights, not investment advice. Manage your own risk and DYOR.
Tracking $ARB for the next move.
